SGB Executive

Online, Mobile Sales Outperform On Black Friday

More online shopping, less in-store shopping — that was an easy prediction to make for the kickoff to the 2016 holiday shopping season. Just how big the shift came in surprised even the experts.

Judge Blocks New Overtime Rule

The new rule, which would have qualified millions more Americans for overtime pay, including many working retail in the active lifestyle industry, now stands on shaky ground.

Famous Footwear Q3 Driven By Lifestyle Athletic

Famous Footwear’s same-store sales rose 2.1 percent in the third quarter ended October 30 as ongoing momentum in athletic and sports-influenced styles offset declines in boots and booties.

Hibbett Cuts Guidance On Weather Concerns

Due largely to accelerated markdown on cold-weather merchandise, third-quarter earnings came in short of Wall Street estimates and EPS guidance was lowered for the year.

Foot Locker Rides Strength In Lifestyle

The sneaker specialist sees a growing momentum for lifestyle running and casual footwear offerings, as well as a resurgence in popularity for Adidas and Puma.

Sierra Trading Post Shifts Online Promotional Strategy

Outdoor consumers who have grown accustomed to Sierra Trading Post’s (STP) website touting consistent 60-, 70- and 80-percent off deals have begun hearing a different tune from the discount outdoor retailer.

Remington Outdoor Q3 Boosted By MSR Strength

America’s oldest manufacturer of firearms and ammunition reported sales rose 11.4 percent in the third quarter, helped by strong demand for MSRs and a rebound in ammunition sales.

Dick’s Outperforms, But Gives Caution To Q4

While it’s gained a competitive advantage in the marketplace following other store closures, the nation’s largest sporting goods retailer gave a conservative fourth-quarter outlook that fell below Wall Street’s targets.